What future is expected for new altcoins? - page 5.

nutriagrigia

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Quote from: Pomogator on June 18, 2020, 06:09:14 AM

Many projects are really scammers. You will simply lose your funds in a short time. Oddly enough, I did not fall into such ones, but always after the end of the ICO, the priceof any cryptocurrency fell by 50 percent or more. Therefore, I no longer invest in cryptocurrencies Sad

if you will stop looking for good projects then you will just never make big money. Many people continue to earn money and everyone can do it if they do the right analysis of projects in which they want to invest their money.

Saisher

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The only altcoin I'm trusting right now is IDENA, you can mine it free and it's the only altcoin with unique algo of proof og human frombeing traded to 100 sats it is now at 900 sats and they are still in testnet, what more if the project moved to it's mainnet, this is one promising coin check their market stat.

https://www.coingecko.com/en/coins/idena

maxreish

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New altcoins are less getting attention nowadays. Investors are choosing wisely with those of old altcoins, has a good reputation already and those altcoins that has a good feedback.

But I dont wanna judge those new altcoins that are coming out nowadays, what I certainly look for those new coins are their product and platforms. It is not hard to identify if that new coin will make a good reputation in the future or not.

Pomogator

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Many projects are really scammers. You will simply lose your funds in a short time. Oddly enough, I did not fall into such ones, but always after the end of the ICO, the priceof any cryptocurrency fell by 50 percent or more. Therefore, I no longer invest in cryptocurrencies Sad

chichidori

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It will be a tough one since a lot of traders have lost faith in new altcoin, ICO from late 2017 to late 2019 scam project spawned left and right money-grabbing project have infested the ANN thread, some new altcoin will always face a hard dump in the first few months of its trading most of them don`t recover and will be categorized as shitcoin.

VDraci

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Do not have too much interest on new altcoins, they will disappoint you, make sure the new project has very good or pro teams, if new altcoin have good features and bad team it's the end of the road for such project, you need to nurture the project and watch closely, still old altcoins are way better

umbara ardian

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Quote from: trauchot on June 18, 2020, 04:09:39 AM

If new altcoins will have interesting ideas and technologies, then I think that such altcoins can be popular, and if, as always, new altcoins will try to copy already created technologies which have old altcoins, then these altcoins will not have a future.

I just see new projects copying ideas from old ones, there are lots of ideas but not all ideas can be successful in this market. So be really careful with new projects, it's best to buy the top altcoins in this market to be safe.

trauchot

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If new altcoins will have interesting ideas and technologies, then I think that such altcoins can be popular, and if, as always, new altcoins will try to copy already created technologies which have old altcoins, then these altcoins will not have a future.

ValerieChristaldi

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I think most new altcoins don't have any potential to succeed. I only invest in the top altcoins like Ethereum, Litecoin and Ripple. If you are new in this market than try to pick some projects from the top 20 list at WorldCoinIndex:

https://i.imgur.com/o9VCjQS.png

And if you still want to invest in new altcoins than always do proper research.

suryana

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Trphy.io

Quote from: ahyadinnn on June 17, 2020, 08:09:37 PM

altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others

True, but not all new coins difficult to rise from collapse of their prices, there are some new coins owned by good projects can rise from falling prices, like FX and IPX coins, after dump in the beginning distribution, but now their prices are starting to rise.

Vitalicus

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Quote from: ahyadinnn on June 17, 2020, 08:09:37 PM

Quote from: Kasabus on June 17, 2020, 07:52:41 PM

New altcoins might only end up dying if they cannot gain trust and support from the investors. 2017 has been very profitable for altcoins but within its next years, everything has changed. We can only trust investing in bitcoin today because even if its highly volatile, it will always have time to recover and reach another all time high price again.

altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others

It's not true to say all altcoins usually die after being decreased from original prices. We all know that there is no fixed price for coins in this market. The price fluctuates frequently and unpredictably. The price also is affected by many external factors such as the value of BTC, the market, etc.. However, altcoins still have the chance to recover their value if the project teams create some good moves!

ongkok87

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Quote from: ahyadinnn on June 17, 2020, 08:09:37 PM

Quote from: Kasabus on June 17, 2020, 07:52:41 PM

New altcoins might only end up dying if they cannot gain trust and support from the investors. 2017 has been very profitable for altcoins but within its next years, everything has changed. We can only trust investing in bitcoin today because even if its highly volatile, it will always have time to recover and reach another all time high price again.

altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others

Difficult or not depends on the development of the altcoin. it does not mean that when there is a decline there is no increase in the future. some altcoins on which their platforms have been made show good progress.

Farma

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many deficiencies that exist in the project mentioned. however, even from the look of the web, and the domain used, we can judge it. personally, I would not support a project like that. however, there are still many projects that are more promising than those projects, and even though like that, I prefer to stick to bitcoin and ethereum.

ahyadinnn

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Quote from: Kasabus on June 17, 2020, 07:52:41 PM

New altcoins might only end up dying if they cannot gain trust and support from the investors. 2017 has been very profitable for altcoins but within its next years, everything has changed. We can only trust investing in bitcoin today because even if its highly volatile, it will always have time to recover and reach another all time high price again.

altcoin is currently difficult to recover their prices, after going down they are difficult to return to their original prices, there are even projects that die because the price of their coins in the market is destroyed and I prefer to choose investments in the top coins too, like bitcoin, etherium and others

Kasabus

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Quote from: ?? on ??

Quote from: StephenJH on June 17, 2020, 04:49:43 PM

l think that some of them have really good potential to be one of the bests, but it is not the same for all. That is why most of them are really useless, and absolutely wasting of time. Most investors are not interested in such projects, and cause of that most of them don't have a good future in my view.

Very few will still succeed simply because they are real and offers a good product/services but since the investor already have a trust issue with a new altcoins, it will be hard for them to invest on a new project same as me. Yes, most of the new altcoins are useless and they are here to collect money from people and become a scam later on, look for everything before you invest to avoid any problem in the future.

New altcoins might only end up dying if they cannot gain trust and support from the investors. 2017 has been very profitable for altcoins but within its next years, everything has changed. We can only trust investing in bitcoin today because even if its highly volatile, it will always have time to recover and reach another all time high price again.

kawetsriyanto

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Quote from: Slow death on June 17, 2020, 04:46:56 AM

do you think new altcoins will have a good future?

Only if the coins have real use case, with good development and progress done by the team, spreading the use case of the coin in the real world, doing more events on offline, and also always keep track and management o the coin on the market.

Quote from: Slow death on June 17, 2020, 04:46:56 AM

...

Among these three, I don't think that they will have a good future for long holding or even for trading. As we see that the team is likely don't care about the condition of the coin in the market. Moreover, the continuity of the team to manage and develop a coin is very important. If they do not care again to the coins, what we are going to expect? just forget it Grin

Mahanton

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Quote from: Slow death on June 17, 2020, 04:46:56 AM

do you think new altcoins will have a good future?

What do you expect from the new altcoins?

today i took the time to see some projects and found some things that made me think: What future can we expect from new altcoins?

Theres no future towards on this and majority of new coins that being launched are pure utter shit ones and just using the same ideas all over again and again.
Expectations? I have none. Alt market turns out to be a garbage after that 2017 bull run and the rest of the years are totally meaningless if we do talk about it.
Nothing is certain when we do talk about the future specially now that we can able to see on whats its current reputation and position in the market.
Maybe for some top alts then we can consider it out since they do really have that actual utility, but for most coins? they are total trash.

kingzpro

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Quote from: Slow death on June 17, 2020, 04:46:56 AM

do you think new altcoins will have a good future?

What do you expect from the new altcoins?

today i took the time to see some projects and found some things that made me think: What future can we expect from new altcoins?

to get an idea I found these projects:

Banana Bomb

Quote from: https://www.bitcoin-monkey.com/banana-bomb?utm_source=icomarks

Banana Bomb is a Deflationary/Reward Token with a Destruction rate of 3.5%. This means the total supply decreases with each transaction. Reward Rate of 3.5%, it means 3.5% of every transaction is sent to a reward wallet. These reward tokens are then distributed to a randomly generated number of users every month.

https://www.bitcoin-monkey.com/banana-bomb

I didn't see any team member

satoshivisioncoin

Quote from: https://satoshivisioncoin.com/

GLOBAL P2P PAYMENT SYSTEM

SVC is a token for P2P transactions. Our vision is Satoshi Vision use SVC as BTC. SVC is alternative to Bitcoin.

https://satoshivisioncoin.com/

I didn't see any team member

it looks like a project to steal people's money

moneytoken

Quote from: https://moneytoken.xyz/

A decentralized ETHEREUM based Network

https://moneytoken.xyz/

I didn't see any team member

it looks like a project to steal people's money

I could put more other projects, but for now I think that with these projects that I put in, we can have a good discussion about which way we are going

The answer to your question is very simple, the future of each new altcoin depends on the quality of the project alongwith a good team and the coin should be full of use cases and should be able to generate regular everyday revenue through its ecosystem. If you see any new alt with all these qualities then it is a good one to invest and hodl while if the alt lacks these then it is better to stay away.

MUG1WARA

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Quote from: ameliana on June 17, 2020, 02:24:43 PM

I can say that most of the new projects or new altcoins ended with scams on the other hand sometimes also do not have further developments. well maybe not everything is like that but in reality is new altcoin is difficult to develop even feels like dead.

yes you are right and from there we can predict if only 5% of projects are really well developed. the rest will end up being a scam and from there also we can see if the fate of the new altcoin is very bad

StephenJH

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l think that some of them have really good potential to be one of the bests, but it is not the same for all. That is why most of them are really useless, and absolutely wasting of time. Most investors are not interested in such projects, and cause of that most of them don't have a good future in my view. No doubt you can find a good one among the new projects, however, you must make great research about the project, which you want to invest in.

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